Are These 3 Top-Rated Mutual Funds in Your Retirement Portfolio? | Jobs Vox


It is too late to invest in mutual funds for retirement. And the Zacks Mutual Fund Rank can be a great tool for investors looking to invest in the best mutual funds.

How to distinguish a good mutual fund from a bad one? It’s pretty basic: If the fund is diversified, has low fees and strong performance, it’s a keeper. There’s certainly a wide range, but using the Zacks Mutual Fund Rankings, we’ve found three mutual funds that would be great additions to any long-term retirement investor’s portfolio.

Let’s break down some mutual funds with high Zacks Mutual Fund Ratings and very low fees.

Consider it if you are looking to diversify your portfolio Business Development Fund (CFGRX) CFGRX is a great capital growth option; These mutual funds buy shares in several large US companies that are expected to build and grow faster than other large stocks. This fund is a winner with an expense ratio of 0.69%, a management fee of 0.4% and a five-year annualized return record of 11.59%.

Direxion Mo S&P 500 Bull 1.75X Inv ( DXSLX ) expense ratio: 1.32%. Management fee: 0.75%. DXSLX is an allocation balanced mutual fund. Allocation balanced funds invest in asset classes such as stocks, bonds and cash, and it is not unusual to include precious metals or commodities. These funds are mostly allocated through asset allocation. This fund has managed to produce a solid 13.96% over the past five years.

Janus Henderson Global Technology Institute (JGLTX): 0.72% expense ratio and 0.64% management fee. With a very different approach, JGLTX – part of the Sector-Tech mutual fund category – offers investors a way to own a stake in the notoriously volatile tech sector. With a five-year annualized return of 10.8%, this fund is a well-diversified fund with a long history of success.

You can see it there. If your financial advisor puts your money into any of our top rated funds, they’ve got you covered. If not, you may need to talk.

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